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Silk Logistics Holds Scheme Meeting for DP World Acquisition Vote

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Silk Logistics Holds Scheme Meeting for DP World Acquisition Vote

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Silk Logistics Holdings Ltd. ( (AU:SLH) ) has shared an announcement.

Silk Logistics Holdings Limited is holding a Scheme Meeting to discuss the proposed acquisition by DP World Australia Limited of all issued shares in Silk through a scheme of arrangement. The meeting, chaired by Terry Sinclair, is a crucial step for Silk shareholders to vote on this acquisition, with the outcome to be announced on the ASX. The meeting is conducted following a Supreme Court order, and the voting will be decided by a poll.

The most recent analyst rating on (AU:SLH) stock is a Buy with a A$2.10 price target. To see the full list of analyst forecasts on Silk Logistics Holdings Ltd. stock, see the AU:SLH Stock Forecast page.

More about Silk Logistics Holdings Ltd.

Average Trading Volume: 108,860

Technical Sentiment Signal: Buy

Current Market Cap: A$172.9M

For detailed information about SLH stock, go to TipRanks’ Stock Analysis page.

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